Fema / RBI : The functioning of co-operative banks has always demanded a delicate balance between regulatory compliance, financial prudence, an...
Fema / RBI : Explore Indias debt restructuring plans and their effectiveness in addressing the rising NPAs in the banking sector amid ongoing f...
Fema / RBI : Learn about Non-Performing Assets (NPA) classification, categories, and provisioning requirements as per RBI norms for effective a...
Corporate Law : Explore the distinction between NPA declaration and default dates under IBC 2016, clarifying implications for insolvency resolutio...
Fema / RBI : Discover the RBI's new prudential framework for income recognition, asset classification, and provisioning for project finance in ...
Fema / RBI : Gross non-perofrming assets (NPAs) improves from 11.33% in FY2017-18, to 13.52% in FY2018-19, to 14.69% in FY2019-20 As per Reserv...
Fema / RBI : ABG Shipyard was incorporated on 15 March 1985, has been banking arrangements since 2001. Financed under Consortium arrangement ov...
Fema / RBI : Gross non-performing assets of scheduled commercial banks have declined As per Reserve Bank of India (RBI) data on global operatio...
Fema / RBI : We advise that as per the circular dated April 17, 2020 on asset classification and provisioning, in respect of all accounts class...
Fema / RBI : Loans written-off from Balance Sheets of PSBs; As A result of Government’s 4R’s Strategy of Recognition, Resolution, Re-capita...
Corporate Law : NCLT Chennai rules IBC not right for ED attachment revocation in Nathella Sampath Jewelry case. Detailed analysis of jurisdictiona...
Income Tax : Explore the ITAT Bangalore order in Belur Urban Co-operative Bank vs ITO. Learn why reassessment on interest in NPA loans is direc...
Income Tax : ITAT Pune held that it is settled legal position that interest on (Non-Performing Assets) NPAs cannot be taxed on accrual basis....
Income Tax : ACIT Vs Jila Sahakari Kendriya Bank (ITAT Indore) Provision for Standard Assets Allowable under Section 36(1)(viia) of Income Tax ...
Income Tax : A.O. held that since the assessee is maintaining its books of accounts on accrual basis, the income in respect of bad and doubtful...
Finance : International Financial Services Centres Authority (IFSCA) Clarifies Due Date for Recognition of Non-Performing Assets (NPAs) in...
Fema / RBI : Reserve Bank of India RBI/2022-23/130 DOR.ACC.REC.No.74/21.04.018/2022-23 October 11, 2022 Madam / Dear Sir, Reserve Bank of India...
Fema / RBI : The ‘previous 90 days period’ for determination of ‘out of order’ status of a CC/OD account shall be inclusive of the day ...
Fema / RBI : The extant instructions on IRACP norms specify that an amount is to be treated as overdue if it is not paid on the due date fixed ...
Fema / RBI : With a view to moving towards international best practices and to ensure greater transparency, '90 days' overdue1 norms for identi...
The functioning of co-operative banks has always demanded a delicate balance between regulatory compliance, financial prudence, and tax optimization. One such element that often walks this tightrope is the Bad and Doubtful Debts Reserve (BDDR).
Explore Indias debt restructuring plans and their effectiveness in addressing the rising NPAs in the banking sector amid ongoing financial challenges.
Learn about Non-Performing Assets (NPA) classification, categories, and provisioning requirements as per RBI norms for effective asset management in banks.
Explore the distinction between NPA declaration and default dates under IBC 2016, clarifying implications for insolvency resolution applications.
Discover the RBI’s new prudential framework for income recognition, asset classification, and provisioning for project finance in 2024. Stay informed with detailed analysis.
Unveil the complexities of bank branch operations, NPAs, and audit procedures under SA 315 guidelines. Learn more in this detailed analysis.
NCLT Chennai rules IBC not right for ED attachment revocation in Nathella Sampath Jewelry case. Detailed analysis of jurisdictional issues.
Explore the ITAT Bangalore order in Belur Urban Co-operative Bank vs ITO. Learn why reassessment on interest in NPA loans is directed for readjudication. Full text available.
The present article discusses Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act) and its impact i.e., positive or negative on an issue of non-performing assets (NPAs).
ITAT Pune held that it is settled legal position that interest on (Non-Performing Assets) NPAs cannot be taxed on accrual basis.
